NEW YORK and NEW ORLEANS, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 26, 2025 to file lead plaintiff applications in a securities class action lawsuit against Sable Offshore Corp. (NYSE: SOC), if they purchased the Company’s securities (1) between May 19, 2025 and June 3, 2025, both dates inclusive (the “Class Period”); and/or (2) pursuant and/or traceable to Sa ...

Group 1 - The article expresses a positive outlook on WiseTech Global (OTCPK:WTCHF), highlighting its strong competitive position and improved status following the acquisition of e2open [1] - The investment strategy focuses on identifying businesses with potential for long-term growth and significant terminal value, emphasizing the importance of competitive moats, unit economics, reinvestment opportunities, and management quality [1] - The author aims to provide valuable insights to readers regarding long-term equity value drivers, advocating for a fundamental research approach in sectors with strong secular tailwinds [1] Group 2 - The author has no current stock or derivative positions in any mentioned companies and does not plan to initiate any within the next 72 hours [2] - The article reflects the author's personal opinions and is not influenced by any business relationships with the companies discussed [2]

Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation for allegedly making materially false and misleading statements regarding its business operations and prospects during the Class Period from January 29, 2024, to March 11, 2025 [1][3]. Financial Performance - iRobot reported a loss of $2.06 per share on revenue of $172 million for Q4 2024, marking a 44% year-over-year decline [4]. - The company expressed substantial doubt about its ability to continue as a going concern for at least 12 months from the issuance of its 2024 financial statements [4]. Market Reaction - Following the announcement of poor financial results, iRobot's stock price fell by $3.255 per share, or 51.58%, closing at $3.055 per share on March 13, 2025 [5]. - Analysts have downgraded iRobot's stock rating due to a bleak outlook, citing deteriorating business prospects and significant layoffs [5]. Legal Context - Investors who acquired iRobot securities during the Class Period are encouraged to contact Bragar Eagel & Squire, P.C. to discuss their legal rights and options [1][6].

Core Points - Rocky Shore Gold Ltd. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of $697,500 [1] - The first tranche involved the issuance of 6,800,000 units at C$0.05 per unit and 7,150,000 flow-through shares at the same price [1] - The proceeds from the units will be allocated for general corporate purposes, while the funds from the flow-through shares will be directed towards the exploration of the Gold Anchor Project [3] Summary by Sections Private Placement Details - The first tranche raised a total of $697,500 through the issuance of 6,800,000 units and 7,150,000 flow-through shares, both priced at C$0.05 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with the warrants exercisable at C$0.10 until September 2, 2028 [2] Use of Proceeds - Proceeds from the units will be used for general corporate purposes [3] - Funds from the flow-through shares will specifically support the exploration and advancement of the Gold Anchor Project [3] Finder's Fees - The company paid cash finders fees and issued 606,000 finder's warrants to eligible finders, each exercisable at $0.05 until March 2, 2027 [4] Company Overview - Rocky Shore Gold is a Canadian exploration company focused on major gold discoveries at its 100%-owned Gold Anchor Project, located in central Newfoundland [6] - The Gold Anchor Project is noted for being in a promising gold district with significant exploration potential [6]

Core Viewpoint - Skyward Specialty Insurance Group, Inc. has announced a definitive agreement to acquire Apollo Group Holdings Limited for a total consideration of $555 million, which includes $184 million in stock and $371 million in cash, expected to enhance its position in the U.S. specialty insurance market and deliver double-digit adjusted operating EPS accretion in the first full year post-closing [1][4]. Company Overview - Skyward Specialty is a rapidly growing specialty insurance company that provides commercial property and casualty products through nine underwriting divisions [8]. - Apollo is a leading U.S. centric specialty underwriting platform operating at Lloyd's of London, known for its low volatility and high growth, with a compound annual growth rate of approximately 20% since its formation in 2010 [2][10]. Acquisition Details - The acquisition will add over $1.5 billion of managed premium to Skyward Specialty's portfolio, reinforcing its leadership in specialty markets [1]. - The transaction is expected to close in the first quarter of 2026, pending regulatory approvals [4]. Strategic Alignment - The acquisition aligns well with Skyward Specialty's strategy, bringing new specialty niches and advanced technology capabilities, enhancing innovation and market offerings [3][4]. - Apollo's Syndicate 1969 will provide access to specialty classes such as Political Violence and Product Recall, while Syndicate 1971 will enhance the portfolio with innovative solutions for new economy industries [4]. Leadership and Management - Apollo's CEO David Ibeson and his management team will join Skyward Specialty and continue to lead the Apollo business, indicating a strong cultural and strategic alignment between the two organizations [3][4]. Financial Advisory - Barclays acted as financial advisor to Skyward Specialty, providing committed financing for the transaction, while Evercore served as lead financial advisor to Apollo [5].

Question-and-Answer SessionBut maybe to kick off the conversation. To start with a bigger question of EOG getting into Utica and you also made announcement in the Middle East. And a lot of investors are worried about the maturation of shale. And they will say, "Hey, EOG is doing these deals because the rest of the portfolio is maturing. What would be -- what would you say to that? Do you think that's the case for you EOG?Ezra YacobCEO & Chairman Yes. First of all, thank you for having us here. It looks like ...

Group 1 - The company is focused on building and retaining a world-class team, having added key accomplished executives this year while maintaining a balance with tenured veterans [2] - The company's aspirations include two main principles: consistent organic volume growth and margin expansion [3] - Key strategies for achieving these aspirations involve innovation, share gain opportunities, and significant investment in revenue growth management to support household formation [3]

Group 1 - Amazon Prime will restrict its free shipping perk to household members only, phasing out the "Prime Invitee program" effective October 1 [1][2] - The Invitee program, launched in 2009, allowed Prime members to share shipping benefits with non-members outside their household [2] - Amazon is shifting its focus to the Amazon Family program, which allows sharing of membership benefits with one other adult in the household and additional profiles for teens and children [2] Group 2 - Amazon's Prime membership has an annual fee of $139 in the U.S., an increase from the previous cost of $119 [7] - Analysts predict a potential price hike for Amazon Prime membership in 2026 [8] - The last Prime Day event was described as the "biggest Prime Day shopping event yet," with record sales and items sold [4][6]

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